US-China trade war ramps up: Who will blink first?
Thursday 10 April 2025 05:07, UK
Donald Trump has raised trade tariffs on China again - up to 125% and that's effective immediately.
At the same time, he's ordered a 90-day pause on higher tariffs for dozens of countries.
If it wasn't a trade war between the world's two biggest economies before - it is now.
On this episode, Mark Austin examines if China will keep on retaliating against Donald Trump. Its tariffs on US imports had been increased to 84%.
He's joined by Victor Gaom vice president of the Beijing thinktank the Centre for China and Globalisation. He explains why he's sure that China will not blink first in this "dangerous" stand-off.
Plus, our business correspondent Gurpreet Narwan on why the president has singled out China.
*This episode was recorded just before President Trump increased US tariffs on Chinese imports to 125%.
Producer: Emma Rae Woodhouse
Editor: Paul Stanworth